Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 13201 - 13210 of 29110 results for "PRI"

Industry fund reduces insurance premiums

DARREN SNYDER  |  WEDNESDAY, 6 JUL 2016
An industry super fund dedicated to the electrical and communications industries is reducing its premiums for death and TPD insurance by about 15%. NESS Super said at a time when super fund insurance premiums are mostly rising, it is pleased to be bucking ...

Stockspot cuts robo-advice fees

KERRIE SYDEE  |  WEDNESDAY, 6 JUL 2016
Automated investment adviser and fund manager, Stockspot, has reduced fees for all clients and eliminated the annual advice fee for investment portfolios under $50,000. Stockpot founder and chief executive, Chris Brycki, said the decision to reduce ...

BetaShares beefs up team

MARK SMITH  |  WEDNESDAY, 6 JUL 2016
ETF provider BetaShares has grown its portfolio management and distribution teams with its two latest appointments. Chamath De Silva joins as assistant portfolio manager while Adam O'Connor comes on board as manager - distribution. De Silva will provide ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 6 JUL 2016
RBA on hold As widely expected, the Reserve Bank of Australia (RBA) left the official cash rate unchanged at a record low 1.75% following its 5 July meeting. The RBA statement revealed that the Australian central bank sees continued growth in the global ...

Multi-asset mandate reflects investment environment

DARREN SNYDER  |  TUESDAY, 5 JUL 2016
Russell Investments winning a $400 million multi-asset mandate from Netwealth reinforces an increasing demand for the investment strategy in a lower for longer environment. The mandate will see Russell manage Netwealth's actively managed diversified ...

Nikko hires regional sales manager from BlackRock

ALEX BURKE  |  TUESDAY, 5 JUL 2016
Nikko Asset Management has appointed a new regional sales manager for New South Wales and Queensland. Thira Ngoeun joins Nikko from BlackRock, where he was vice president - research relationship manager. Prior to that, he was a model portfolio manager ...

EG partners with leading Japanese homebuilder

ALEX BURKE  |  TUESDAY, 5 JUL 2016
Real estate manager EG Funds Management has settled its second, $33 million joint venture with a leading Japanese homebuilder. Under the terms of the JV, Daiwa House Group, its Australian subsidiary Cosmos Australia and Sumitomo Forestry will acquire ...

Cbus signs new Paris ESG commitment

ALEX BURKE  |  TUESDAY, 5 JUL 2016
Cbus is the first Australian signatory of the Principles of Responsible Investment's new Global Statement on Investor Obligations and Duties. The Principles of Responsible Investment, the United Nations Environment Programme Finance Initiative and The ...

Telstra acquires Blue Sky fund assets

ALEX BURKE  |  TUESDAY, 5 JUL 2016
A Blue Sky Private Equity fund has sold its majority share of a business to Telstra. The business, Readify, was founded in 2002 and provides large Australian companies with custom software development, deployment and consulting services. Blue Sky provided ...

Pan-Tribal makes key accounts hire from BT

ALEX BURKE  |  TUESDAY, 5 JUL 2016
Pan-Tribal Asset Management has appointed a new key account manager for New South Wales. Mark Aufderheide joins Pan-Tribal from BT Financial Group, where he was a key account manager. Prior to that, he spent 19 years at Asgard after holding several ...